{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/c278552676794d2c9033294121ca8461\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/c278552676794d2c9033294121ca8461-361c9bab7f1941eb.gif","duration":146.134,"title":"Understanding the Cash Offer Formula and ARV Calculation","description":"In this video, I walk you through how to use the calculator for determining the After Repair Value (ARV) of a property. Whenever we find an ARV, it should be entered into the designated box, and we will focus on the cash offer formula rather than Jerry Norton's balance. For square footage, just input the relevant number, and if it's a light rehab, we can estimate the costs around $37,000. I recommend keeping the rehab setting on medium for accuracy unless the property is in terrible condition. Lastly, I shared my experience with a property valued in the 300s to illustrate how I arrived at my offer."}